Pet Insurance - Is It Right For You?

No doubt dogs are mans best friend. They offer unconditional love and affection, show loyalty and are intelligent in nature as well. These very qualities make dogs one of the most favorable pets across the world. With passage of time and cross breeding among different canine species, several dog breeds have evolves. These days, there are a large number of dog breeds available across various parts of the world.

However, irrespective of the breed of your pet, its life is nevertheless precious for you; and you would possibly leave no stone unturned to save its life in case it contracts any illness, or gets injured. In this regard, pet insurance is one of the best things to do, especially when you love your pet. A pet insurance can ensure that your pet’s life will not be lost due to lack of funds for proper treatment. Pet insurance are basically of two types, i.e. lifetime insurance and non lifetime insurance. What type is best for your pet depends on its age, breed and general health.

As it is there are several advantages of opting for pet insurance:

One of the most important advantages of opting for pet insurance is that it can save you from paying huge medical bills for the treatment of your pet. As it is, a pet is usually treated as an important part of the family. It is due to this reason that most people tend to do everything that they can do to save their pets. As it is, certain dog breeds are prone to certain types of diseases or ailments. The amount of money that you have to pay depends upon the ailment and may even cost you thousands of dollars. Pet insurance on the other hand would cost you around 20 to 40 USD a month.

Many pet insurance companies offer free medical check-up facilities for the pets. This can help you save a few extra bucks as well, which you would have otherwise had to pay for the regular check-up of your pet.

Some insurance companies also offer third party liability coverage as well. This comes as a life saver, if your pet causes a major accident, or damage to public property. In such a scenario, the insurance company may bear the burden, which the owner of the pet would otherwise have to bear.
As it is, pet insurance also has its share of disadvantages as well. It might happen that your pet may never fall ill. This means that the premium that you had paid so far would yield no results.